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20121202
20121210
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CNBC 10
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English 10
Search Results 0 to 9 of about 10
CNBC
Dec 6, 2012 4:00pm EST
the chief executives who met with president obama last week and called the conversations, quote, constructive. since then, not much progress has been made. we want to talk more about that exclusively. he's here with me to talk if he still feels that way about fiscal cliff. good to have you on the program. deloitte ceo. thanks so much for joining us. >> thanks for having me. >> i want to get to the president and your meeting and really zero in on the fiscal cliff. before we do that, i want to get to the situation around hewlett-packard and autonomy. of course, hp taking a massive write down on the acquisition of autonomy. ceo meg whitman throwing deloitte under the bus in some sense because the firm was among those charged with examining the books before the deal. what can you tell us about what you did in terms of overseeing the books at autonomy and what do you say now that she's charging this fraud? >> sure, maria. unfortunately for us, that matter has been turn the over to investigation and the authorities. believe it or not, that's one of the things i'm not on the hot seat a
CNBC
Dec 7, 2012 7:00pm EST
president obama has wasted another week by not making a real proposal. meanwhile, republicans are divided and senator rand paul on this show last night may have made the most constructive proposal of all. >> i'm happy not to filibuster it. i will announce tonight on your show i will work with harry reid to let him pass his big old tax hike with a simple majority if that's what harry reid wants. then they will be the party of high taxes and they can own it. >> all right. without that kind of republican strategic retreat, the december 31st deadline is not likely to be met. in today's jobs report it was positive and it beat the street and stocks went up. how do we move 150,000 jobs per month up to 300,000 which would be a real recovery? first up breaking news out of the supreme court this afternoon, the nation's highest court agreed to take up the explosive issue of same-sex marriage, agreeing to hear challenges to the federal defense of marriage act and california's proposition 8. nbc's pete williams joins us now from washington with all the latest details. good evening, pete. >> reporter:
CNBC
Dec 5, 2012 7:00pm EST
report." president obama goes before business leaders and says "we could get this done in a week" when it comes to the fiscal cliff. but tim geithner just told cnbc that we're going to go over the cliff unless tax rates go up. at the same time, two dozen republican house members signed a bipartisan letter with democrats defecting from the boehner plan. in the meantime, a nice game for the day for the dow, but a stunning selloff for apple. do you know what? fiscal cliff or not, the s&p 500 is up 12% year to date. that is a handsome gain for investors, an optimistic year, believe it or not. and we already bailed out detroit's auto industry. but now, at least one motown politician is telling president obama he should bail out detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president
CNBC
Dec 4, 2012 4:00pm EST
is not taking a day off, period, from now until year end and haven't for weeks. ever since obama won the election, we are now in deal mode. i have to tell you, we're going to have a stellar year. it's going to be at a price. the price is going to be -- january is probably going to be much worse than predicted. february, march, et cetera. we're borrowing for the future, yet again. >> that's a really good point. is this just a short-term thing? next year in 2013, once we see cap gains taxes go much higher, which they probably will, do things slow down again? >> oh, yeah. i think it will slow down again. i think people will hunker down, particularly are the whole fiscal cliff story hanging. even if it goes over, which i predict it will -- >> so do i. >> diana, what are you seeing? >> in the high ends where dolly works, of course it's going to have a big effect. let's keep this in perspective when we look at the housing recovery. homes price ed over $1 million were just 1.7% of sales in october. this is a minuscule amount when you look at the overall housing market and the recovery. that
CNBC
Dec 7, 2012 4:00am EST
week long silence as that deadline looms. president obama and boehner spoke by phone on wednesday. they promised to renew the negotiations. several top executives have also weighed in on thursday. >> there's been some movement. everybody realizes there has to be a revenue component, spend component, entitlement reform component. >> patrick, where does it hang on now for you? clearly the president last decided there has to be tax rises for the wealthy. if the democratic side can come up with entitlement cuts, maybe we get a deal. >> i think this is pure political theater. this is a situation that was created 18 months ago in order for the politicians to get by the election. now they've done so. we still confront the same fiscal unsustainability here in the united states that's been evident to everybody for the the past five, six years. what we all recognize is we need more revenue, we needless spending, it's really a matter of a couple of adults getting in a room and figuring out how to resolve this temporary problem that they've created with an eye toward the long term on sustaina
CNBC
Dec 2, 2012 7:30pm EST
journal report" begins right now. >> here's a look at what is making news as we head to a new week on wall street. in washington, posturing politics and high-stakes poker with america's economy at stake. president obama's initial offer on the fiscal cliff was resoundingly rejected by republicans. it included a $1.6 trillion tax increase, double what he campaigned on. also included $400 billion in entitlement cuts eliminating the need for congressional approval to a raise the debt ceiling. the markets rebounded later in the week following the latest hopes on a fiscal cliff agreement. america's economy grew at a faster pace than initially expected in the third quarter of the year. the second reading of the gross domestic product showed it at rate of 2.7% spurred by stronger inventories and exports. the securities and exchange commission is looking for a new chairman. mary shapirp schapiro announcin she will step down after nearly four years on the job. the obama administration says it will announce a replacement in the near future. >>> starbucks has a new way to spend a lot of money. it is i
CNBC
Dec 4, 2012 12:00pm EST
darden being very visible and cutting back their full-time workers less than 30 hours week so they don't have to pay for obama carism would say that is very, very interesting. watch for other companies to do it. otherwise the cost goes up for these food restaurant chains. >> a pop for puppies. many college students are looking for twice ease stress during final exams. one canadian university has gone to the dogs. starting today, dalhousie university in halifax, nova scotia, is throwing students a bone by providing a puppy room where students can destress among four-legged friends. although the idea may seem barking mad, organizers promise that simply pekt the dogs will help relieve anxiety. >> we need one for the "fast money" guys, petting, with dogs. >> move on. >> no comment. >> let's go somewhere else. >> seem marks help us. >> i'm here, guys have no fear. here's what's coming up next on the cnbc "fast money" show at 5 p.m. eastern. she was the most closely watched analyst at the height of the 1990s tech boom, today, mary meeker's tech predictions moving some of the biggest names. m
CNBC
Dec 5, 2012 5:00pm EST
to see what business stories are trending. get them in front of people in the right way. six weeks ago we launched another program. we have mohammed alaryn, the ceos of zulu, you have barack obama, the president of the world bank. it's an incredible people. becky quick is one of them that's on there. just writing content that's really important for people in business around the world. >> obviously this must translate at some point into a user, keeping the user, either engaged longer or bringing them in. i mean, how does that work? because it's got to connect. i applaud putting the right content in front of the right people but at the same time it's a business, right? >> right. >> how does that work? if you're coming in, sharing it with your boss, sending it to someone you want to deal with, this is a conversation starter. it's great for linked-in, great for the business world in general to have this comment. get insight from people, 187 million people. they're never going to connect with richard branson in real life. they can read what richard branson's top tips are for starting a busines
CNBC
Dec 6, 2012 6:00am EST
report." >>> been a little over a week since he met with president obama to talk about avoiding the fiscal cliff and caterpillar's ceo joins us from the nyse to talk about the fix the debt campaign and more. you know anything we don't know, doug, that you can tell us about how this finally looks and whether we do it? >> i don't know if i know any more than you do or not, joe, but we've all been working hard to impress upon our leadership in washington how important this is not to go over the cliff. we had good sessions with republican leadership, democratic leaderships and with president obama in the white house. nobody over there wants to go over the cliff at this time, there's nothing that wants to do it. >> once we get over it, we hope it's a bridge to something that will help you and caterpillar compete better in the world. after the cliff, what do you want? is there any emphasis on corporate tax reform that we need or how to bring $2 trillion back to this country? aren't those things, did you talk about any of those or the cliff? >> we talked about all of those, long-term c
CNBC
Dec 7, 2012 1:00pm EST
correspondent john harwood is here with the latest. >> reporter: we ended the week with a fairly perfect, simple, clear, elegant expression of the partisan differences in this fight. speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans simply echoing the white house are going to have to buckle on the issue of the top rates. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> but tyler, as you suggested, this is all a wor
Search Results 0 to 9 of about 10